Payroll accounting 2016 2nd edition landin test bank

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66.

pay is based on sales revenue, while

pay is based on

manufacturing. A. Exempt; nonexempt B. Commission; overtime C. Piece-rate; commission D. Commission: piece-rate 67. Verification of hours worked and pay accuracy is part of the

.

A. Disbursement cycle. B. Accounts payable reconciliation. C. CEO’s responsibility. D. Payroll review process. 68. IRS Regulation 26 CFR 1.6001 mandates records, noting that it is the responsibility of the A. File maintenance; employer. B. Payroll review; payroll supervisor. C. Check authorization; controller. D. Employee time review; department manager.

procedures as they pertain to payroll .


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